CBN

Importers now have access to foreign currency thanks to the Central Bank of Nigeria's (CBN) introduction of the foreign exchange (FX) pricing verification system (PVS) portal. A price verification report from the portal will now be…

The Federal High Court sitting in Lagos has struck out the “illegal possession of firearm charge” against the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele following an application by the Ministry of Justice to…

The arraignment of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been adjourned at the Federal Capital Territory High Court, Abuja, on Thursday. Although Emefiele was present, the arraignment could…

Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), and his accomplices will be put on trial by the federal government on Thursday at the Federal Capital Territory (FCT) High Court in Abuja for N6.9 billion in…

The Federal Government has applied to withdraw the “illegal possession of firearms” case it filed against the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the Federal High Court sitting in Lagos. The Director…

Kingsley Moghalu, a former African Democratic Party (ADC) presidential candidate, and his wife Maryanne had an unexpected moment of captivity on Monday when they became locked in a lift. Maryanne posted about the tragedy along with…

The Central Bank of Nigeria (CBN) has said that further steps will be taken to stabilise the naira's value relative to the dollar. The disclosure was made to State House reporters by Acting CBN Governor Folasodun Sonubi after he had…

The Central Bank of Nigeria (CBN) has made the consolidated financial statements for the previous seven years accessible for public inspection, marking the first time since 2015 that the top bank has done so. The CBN published…

Jim Obazee, a former CEO of the Financial Reporting Council of Nigeria, said that someone had slandered him over a hypothetical financial irregularity and called it a "outrageous falsehood." At a press conference on Thursday in…

Jim Obazee, the recently appointed Special Investigator by President Bola Tinubu, was the Financial Reporting Council's Executive Secretary for more than six years. Jim Obazee never displayed any reluctance to get involved in…

The Central Bank of Nigeria (CBN) has asked banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit transactions, including ATMs and cheques, on…

The Central Bank of Nigeria (CBN) says plans to gradually phase out the old N200, N500, and N1,000 naira notes are ongoing, as new notes are still being issued. Folashodun Shonubi, acting governor of the apex bank, spoke on Tuesday…

A Federal Capital Territory high court, on Thursday, gave the Department of State Security Service one week to either prosecute suspended Central Bank of Nigeria Governor Godwin Emefiele with a crime or free him. In a judgement on a…

The House of Representatives has asked the Central Bank of Nigeria (CBN) to stop the implementation of its directive that banks should add customers’ social media handles as means of identification. This was the resolution of the…

AbokiFX, an online portal that disseminates daily foreign exchange rates in the black market, has resumed operations over two years after it was put on hold following a public spat with Godwin Emefiele, the Central Bank of Nigeria's…